Electronic Bill Payment

Written by Staff Writer

Electronic bill payment is becoming more and more popular these days. Whether you want to pay your own bills online or you own a business and would like to electronically bill your clients, there are some great services available today. If you know what to look for, you will be able to find a reliable service.

Secure Electronic Bill Payment

One of the main reasons that many people are afraid to use electronic bill payment is the fear that their personal information will be stolen by fraudulent third parties during transmission. There have been many frightening stories in the news in recent years, and for good reason. There are some payment systems that are unsecure, allowing thieves to get their hands on credit card information.

So how do you find a secure electronic bill payment system? The first thing you should look for is a system that offers SSL encryption. This ensures that data will be encrypted during transmittal so prying eyes can't decipher it.

In addition, look for a system that not only sends encrypted information, but also stores it in encrypted form on its web servers. This way, hackers cannot gain access to the site and go through the files picking up credit card numbers like candy. Indeed, not using secure systems is just like giving candy to babies.

There are online payment processing systems that offer this level of security. Always do your research on a company before signing up. If possible, look at their client list to see how many well-established companies are using them. Taking the time to find a reliable company will pay off in the long run, both for you and your customers.